YoungUpstarts

OCTOBER 26, 2020

The Dominican Republic has emerged victorious in this struggle. Over the last 5 years the Dominican Republic was a fast growing Caribbean economy. In 2018 remittances to the Dominican Republic accounted for more than 7% of the country’s GDP. Remittances to the Dominican Republic averaged $312.9

Dominican Republic 246

Dominican Republic America Global Finance 246

YoungUpstarts

JUNE 27, 2020

While traditional offshoring to Asia or Eastern Europe has always been lauded for its cheap labor, for companies that practice agile, or require better collaboration, communication, and a higher level of engagement, the advantages of nearshore software development are clear. What is the difference between offshoring and nearshoring?

Offshore 165

Offshore Costa Rica Dominican Republic Jamaica 165

The Next Web

DECEMBER 31, 2013

Soko is a Nairobi and NYC-based, women-founded and run social enterprise system, equipped with mobile technology in developing markets. Both winemaker and entrepreneur, in this case, exits each collaboration with a deeper connection to economic and personal development. As of May 2013, w4tw was over-funded by $16,285 from a cool $25K.

Dominican Republic 155

Dominican Republic Africa Malawi Product 155

YoungUpstarts

JULY 30, 2015

Back in early 2003, a Dane named Janus Friis and a Swede named Niklas Zennström had an idea for a software application, and founded a business with the help of three Estonian software developers. Its executives sit in San Francisco, its CTO is based in the Dominican Republic, and its development team is in Belgrade.

Dominican Republic 100

Dominican Republic Global San Francisco Arizona 100

VC Cafe

MARCH 20, 2011

Unlike its normal ‘relocation’ of acquired companies to Palo Alto, Facebook plans to maintain Snaptu’s development office in Israel, which suggests that Facbeook is planning to start a development center in Israel (following the footsteps of many other large technology companies).

Sri Lanka 94

Sri Lanka Dominican Republic Saudi Arabia 94

VC Cafe

JANUARY 3, 2012

has decided to open its first ever development center outside of its California headquarters in Israel. The company currently has only one technology development center, which is at their headquarters in Cupertino, California. Anobit developed a chip which enhances flash drive performance through signal processing (DSP).

El Salvador 96

El Salvador Dominican Republic Peru 96